Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
ECA Marcellus Trust I's operating assets for the quarter that ended in Mar. 2026 was $10.66 Mil. ECA Marcellus Trust I's operating liabilities for the quarter that ended in Mar. 2026 was $1.58 Mil. ECA Marcellus Trust I's Total Assets for the quarter that ended in Dec. 2025 was $13.32 Mil. Therefore, ECA Marcellus Trust I's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.
ECA Marcellus Trust I Scaled Net Operating Assets Related Terms
ECA Marcellus Trust I Scaled Net Operating Assets Historical Data
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The historical data trend for ECA Marcellus Trust I's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ECA Marcellus Trust I Scaled Net Operating Assets Chart
ECTM vs SKYQ, VIVK, XOM: Scaled Net Operating Assets Comparison
For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ECA Marcellus Trust I Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ECA Marcellus Trust I's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where ECA Marcellus Trust I's Scaled Net Operating Assets falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Scaled Net Operating Assets of 0.68 mean?
ECA Marcellus Trust I (ECTM) has a Scaled Net Operating Assets of 0.68 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ECA Marcellus Trust I and its competitors.
Is ECA Marcellus Trust I's Scaled Net Operating Assets too high?
ECA Marcellus Trust I's current Scaled Net Operating Assets is 0.68. Overall, ECA Marcellus Trust I has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECA Marcellus Trust I's Scaled Net Operating Assets compare to SKYQ and VIVK?
ECA Marcellus Trust I's Scaled Net Operating Assets of 0.68 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ECA Marcellus Trust I and its competitors. ECA Marcellus Trust I's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECA Marcellus Trust I stock overvalued right now?
Based on GuruFocus' analysis, ECA Marcellus Trust I (ECTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.68, compared to a current price of $0.61 — trading 10.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. ECA Marcellus Trust I's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ECA Marcellus Trust I (ECTM), the current Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ECA Marcellus Trust I (ECTM) Overvalued in 2026?
Based on GuruFocus' analysis, ECA Marcellus Trust I stock appears to be undervalued.
The current stock price of $0.61 is trading 10.3% below its estimated GF Value™ of $0.68.
GuruFocus considers ECA Marcellus Trust I to be Modestly Undervalued.
Key valuation signals for ECTM:
Scaled Net Operating Assets: 0.68
GF Value™: $0.68 vs. price of $0.61 (10.3% below fair value)
No single metric tells the full story. See the ECTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECA Marcellus Trust I is a statutory trust. The trust's purpose is, in general, to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after the payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units.
53GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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